The latest research study “Cellular Connectivity IoT Network Security Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, finds that the global cellular connectivity IoT network security market is expected to exhibit a CAGR of 24.50% during 2022-2027.
Cellular connectivity IoT network security represents cybersecurity strategies and protection mechanisms that safeguard and protect the integration of telecommunication devices with the internet. They include several solutions, such as identity access management, intrusion prevention system, data encryption and tokenization, device authentication and management, etc. Cellular connectivity IoT network security systems identify and monitor risks, fix vulnerabilities, help avoid security threats and breaches, etc. Consequently, they find extensive applications across various sectors, including telecommunication, manufacturing, energy and utilities, healthcare, government, transportation, etc.
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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Cellular Connectivity IoT Network Security Market Trends and Drivers:
The elevating incidences of cyber threats and security breaches and the rising popularity of internet of things (IoT) based solutions are primarily driving the cellular connectivity IoT network security market. In line with this, the increasing consumer concerns about unauthorized intrusions in the corporate sector to prevent data losses and safeguard the network infrastructures are also positively influencing the global market. Besides this, the growing prominence of narrowband internet of things (NB-IoT) systems that are integrated with the existing mobile networks to offer enhanced end-to-end security, encrypted data transfer, effective authentication, device-level access, etc., is further augmenting the market growth. Moreover, the emerging trend of remote working and e-learning platforms, on account of the sudden outbreak of the Covid-19 pandemic, and the escalating adoption of enterprise virtual private network (VPN) servers are acting as significant growth-inducing factors. Apart from this, the expanding commercialization of 5G, especially in developing countries, and the shifting preferences toward cellular IoT in weather monitoring and infrastructure security are expected to propel the cellular connectivity IoT network security market over the forecasted period.
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Cellular Connectivity IoT Network Security Market 2022-2027 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Aeris, Allot, Asavie (Akamai Technologies), Check Point Software Technologies Ltd, Emnify, Ericsson AB, FirstPoint, FORESCOUT, Fortinet, Inc., Pod Group (Giesecke+Devrient), Nokia, Palo Alto Networks, SUBEX, Tempered Networks, Inc. and ZARIOT.
The report has segmented the market on the basis of end use industry.
Breakup by End Use Industry:
- Energy and Utilities
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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